🚨 $MAGIC supply shock incoming
@Treasure_DAO wants to mint 173M new tokens — that's a 49.8% inflation hit, worth ~$14M at current price
Multiple DAOs already voting YES on printing more tokens. We tracked 10 recent mint proposals on vote day: ~$1.6B in new supply being dumped into circulation
This is why you watch governance like a hawk. Tokenomics don't mean shit if the team can just print their way out
@Treasure_DAO wants to mint 173M new tokens — that's a 49.8% inflation hit, worth ~$14M at current price
Multiple DAOs already voting YES on printing more tokens. We tracked 10 recent mint proposals on vote day: ~$1.6B in new supply being dumped into circulation
This is why you watch governance like a hawk. Tokenomics don't mean shit if the team can just print their way out